“He used the ETF to get his exposure initially; he figured it was an easier way to maintain his anonymity,” said Eric Lichtenstein, global head of ETF trading at Knight Capital, in the Bloomberg article. “It was a unique approach. This was his plan going into it.”
Junk bond ETFs have seen big inflows the past year with investors taking on more risk to boost yield. [Junk Bond ETFs Aren’t Sounding the Alarm Yet]
SPDR Barclays Capital High Yield Bond ETF
